@Account Closed. It's important to educate yourself on Detroit, know what your investing strategy is and also have a team set in place to give you share their knowledge on the area.
I'm assuming because you're out of state you want minimal work? So maybe tenant occupied cash flowing properties? Or a rehab? Not sure what you're looking for, but it's important to have your buying criteria so when you work with a wholesaler or agent they know what to send you.
Small tip: You can break down Detroit by starting broad and then narrowing down your search. I ask where the zip code is and then I look at that specific block or community and THEN I look at that street and then start to value that market. Here's a video that I made breaking down some of the zip codes but caution! The market is changing so quickly that these numbers have changed over time.
Small Tip #2: If you're using Google maps to do a street view make sure to look at the time stamp of when the photos were taken. It's in the top left hand corner. It will tell you the month and year of when Google took that street view. Some of these streets in Detroit were taken in 2011 or 2012 and they look totally different today. That's with any market and not just Detroit.
I hope this helps.
